0
Lamont: Suspending Wind Leases Bad for Costs
Gov. Ned Lamont (D) told Balance of Power wind power is essential to bringing down energy costs in New England.
The US is suspending leases for all five wind farms under construction off the East Coast, the latest blow to an industry that’s been targeted repeatedly by the Trump administration as part of its attack on clean energy.
The US Interior Department announced the move Monday, citing national security concerns as the massive turbines may interfere with radar systems. The suspension will let the administration work with developers and states to mitigate any security risks, the department said in a statement.
The projects impacted are Vineyard Wind 1 off Massachusetts; Coastal Virginia, which lies off the coast of its titular state; Revolution Wind, near Rhode Island; and Empire Wind 1 and Sunrise Wind, both off the coast of New York. The five projects represent about $28b in total committed capital, according to BloombergNEF. (Source: Bloomberg)
The US is suspending leases for all five wind farms under construction off the East Coast, the latest blow to an industry that’s been targeted repeatedly by the Trump administration as part of its attack on clean energy.
The US Interior Department announced the move Monday, citing national security concerns as the massive turbines may interfere with radar systems. The suspension will let the administration work with developers and states to mitigate any security risks, the department said in a statement.
The projects impacted are Vineyard Wind 1 off Massachusetts; Coastal Virginia, which lies off the coast of its titular state; Revolution Wind, near Rhode Island; and Empire Wind 1 and Sunrise Wind, both off the coast of New York. The five projects represent about $28b in total committed capital, according to BloombergNEF. (Source: Bloomberg)
Anonymous